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Unlike its Japanese rivals, GM saw its sales decline begin way back at the beginning of the year, when its truck-heavy product lineup began to sag in the face of higher gasoline prices. So for the first 11 months of 2008, GM's sales have fallen 21.9%. While that is comparable to Ford and Chrysler (down 20.6% and 27.7% respectively), it's far worse than Asian competitors. Toyota is down 13.4% this year, Honda has declined just 5.4%, and Nissan has shrunk by 9.1%. They will be far better positioned to rebound once the market recovers...

Author: /time Magazine | Title: Even with a Bailout, GM's Profit Prospects Look Bleak | 12/3/2008 | See Source »

...military obligation because there was a draft, but I got rejected on physical grounds by the Navy. So I went to Washington to see if I could persuade the Navy to give me a waver and I failed. But I was walking down the street and I saw a sign that read “‘The Washington Post’ and ‘Times Herald,’” so I walked in and I said, “Look, I’m a recent Harvard graduate and I’d like...

Author: By Mark J. Chiusano, CRIMSON STAFF WRITER | Title: 15 Questions with Nicholas Daniloff | 12/3/2008 | See Source »

...hoped to go down to Washington, D.C. for the inauguration have had to make different plans. For some, these different plans include resigning to remain on campus and watch the recaps later that night. For others, however, different plans means taking action. On November 18, the day after he saw the final exam schedule, Jason Y. Shah ’11 formed the Facebook group “Petition for Make-Ups of Harvard College Exams on Inauguration Day 2009,” and within a week, the group grew to over 250 members. That day, working with Shah, Tanuj...

Author: By Anita B. Hofschneider, CONTRIBUTING WRITER | Title: Students Protest Jan. 20 Exams | 12/2/2008 | See Source »

...throw his arms around the horse's neck, but he began to slide down the side of the horse anyway as his head was being battered against the ground and he was moments away from unconsciousness, to his great fortune a Marine sergeant who was shopping at Wal-Mart saw him and quickly unplugged the horse." - Jones, who acknowledges he enjoys tales of rivalry among the nation's military services, while speaking to the Atlantic Council (Sept...

Author: /time Magazine | Title: James Jones Jr. | 12/1/2008 | See Source »

...chief of the Refounded Communist party, which lost all its parliamentary seats in the April poll that saw Berlusconi sweep to power, quickly offered Luxuria a slot to run for the European Parliament. "Vladimir has an elevated degree of solidarity and brotherhood and at the same time is very sensitive and aware of others and their dynamics," said the ever-somber Communist leader Paolo Ferrero. "She is a very positive anthropological model, in my view." A columnist in the Communist party newspaper likened Luxuria's victory to Barack Obama...

Author: /time Magazine | Title: Italy's Communist Tranvestite TV Star | 12/1/2008 | See Source »

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